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The FOMC meeting today is highly anticipated due to uncertainty surrounding future US monetary policy. Markets expect a 25 bps rate cut today and a slower pace of easing in 2025 due to President-elect Trump’s policies. The Fed’s reverse repo rate may be adjusted, potentially impacting the US Dollar’s strength. The FOMC meeting today is […]

The post FOMC Preview: What to Expect and How Will It Impact US Dollar? appeared first on Action Forex.

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12/09/2024

ECB Meets as Fed Doves Wave Goodbye to Jumbo Cut

The latest US CPI data, and the reaction to data was mixed on Wednesday. The good news is that the headline inflation fell from 2.9% to 2.5% in August, and sank significantly below the 3% level where it was resisting since last summer. The drop in food and energy prices helped easing pressure in the […]
31/05/2024

Euro Suffers When ECB Announces the First Rate Cut of the Cycle

ECB prepares to cut rates for the first time ahead of the Fed History points to strong possibility of back-to-back rate cuts Both the euro and German DAX tend to underperform on meeting day The ECB is on the brink of announcing its first rate cut since March 2016 as the overall rhetoric from ECB […]
16/05/2024

Phew, Risk Rally On Post-US CPI

All’s well that ends well. US inflation came in line with expectations yesterday; core CPI fell for the first time in six months and the monthly CPI figure was a bit lower than expected. Cherry on top, retail sales stagnated in April and came to cement the idea that the US economy could be finally […]